Elon Musk’s social media company X Corp has reached a tentative agreement to settle a lawsuit filed by former Twitter employees who said they were owed $500 million in severance pay.

Stanford University announced they will lay off more than 300 employees this fall. University leaders say they "face significant budget consequences from federal policy changes and those changes ...

Stanford University — one of the most prestigious universities in the U.S. — is laying off 363 employees by Sept. 30, according to a WARN Act notice recently filed with the California ...

Stanford University will lay off at least 363 employees this fall as part of $140 million in budget cuts driven by rising costs and changes in federal funding policies, including a steep revision ...

Microsoft lays off 40 more employees in Washington, continuing job cuts as it spends billions to scale its AI and cloud infrastructure.

What just happened? Despite Microsoft laying off over 15,000 employees so far this year, the company has just revealed that revenue from its Xbox Game Pass service reached almost $5 billion for ...

Merck’s stock is falling after a rare revenue miss, and the announcement of a $3 billion cost-cutting plan that will include layoffs.

Merck said it is embarking on a multi-year cost-savings plan, which includes cuts to its workforce and real-estate footprint, as it looks to redirect resources toward new product launches.

Layoffs at Michigan State University have already begun and there are plans for more.

Microsoft CEO Satya Nadella has claimed the company "is thriving" after laying off over 9,000 employees earlier this month.

The Redmond-based tech giant is undergoing a significant transformation. According to a report by The Verge, Microsoft is boosting AI investments by laying off thousands of employees.